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FOIA Number: 2017-0401-F FOIA MARKER This is not a textual record. This is used as an administrative marker by the William J. Clinton Presidential Library Staff. Collection/Record Group: Clinton Presidential Records Subgroup/Office of Origin: Policy Development Series/Staff Member: Eric Biel Subseries: OA/ID Number: 10601 FolderID: Folder Title: Costs of Inaction, etc. [Fast Track] Stack: Row: Section: Shelf: Position: S 100 1 5 3 Devised 9/29 aM WHY AMERICA WON'T GET ITS FAIR SHARE OF JOBS WITHOUT FAST TRACK The U.S. needs to maintain its leadership role in opening markets through tough, fair trade agreements. Since 1992, 49 states have experienced an increase in overall goods exports and 45 states have experienced an increase in jobs supported by trade. 46 states have higher exports to Mexico and 47 states have higher exports to Japan. America needs fast track to continue to create higher-paying jobs for more Americans. Without it, America's role as the largest exporter in the world will be put in jeopardy. And with more markets opening in the world, it is now more important than ever to give the President traditional trade authority to break down trade barriers for American goods and services. In the upcoming WTO negotiations, President Clinton needs fast track to have the flexibility to negotiate agreements in agriculture, commercial services and government procurement. In each of these areas, the U.S. is the most competitive nation in the world and stands to benefit the most from writing the rules of trade. AGRICULTURE The U.S. is the world's largest agricultural exporting country -- shipping a record $60 billion in exports abroad. In 1996, total world agricultural exports totaled $600 billion. U.S. exports accounted for 10% of that -- $60 billion -- the highest ever. U.S. agricultural exports support nearly a million jobs and this number is rising. Since 1990, the value of U.S. agricultural exports has increased by $20 billion, or nearly 50%. Each week last year, on average, American producers and processors shipped out more than $1.1 billion in farm and food products to foreign markets. Last year, our agricultural exports were twice the level of our agricultural imports -- a claim no other industry sector can make. Dollar for dollar, we export more corn than coal, more wheat than steel, more meat than aluminum and more fruits and vegetables than CD's, records, and tapes. U.S. exports are growing more than three times as fast as domestic demand for foods. U.S. agriculture will pay a price if fast track is not granted. ISP More than 30 bilateral and regional trade agreements are already operating here in the Western Hemisphere, and the U.S. is party to only one NAFTA. While these preferential trade agreements multiply, the U.S. share of the region's total agricultural imports is declining. iss Chile has already signed trade agreements with Bolivia, Colombia, Ecuador, Mexico, Venezuela, MERCOSUR and most recently Canada. The U.S. has already lost an estimated $500 million in exports to other countries that have duty preferences already in place. Chilean fresh fruit pays a 2% duty when entering Venezuela (due to the Chile- Venezuela FTA) whereas American producers pay a 15% tariff. The U.S. Embassy estimates that the U.S. market share would grow from its current 39% to 67% if U.S. producers had equivalent access to the Venezuelan market. (WE NEED MORE HERE) Without fast track, the U.S. will lack credibility to push for a fast start on WTO agricultural negotiations scheduled to start at the end of 1999. Agriculture remains one of the most protected and subsidized sectors in the world economy. American exports still continue to face trade barriers through high tariffs and preferential trade deals that exclude the U.S. Already, since 1992, in Latin America and Asia alone, our competitors have negotiated 20 trade agreements that do not include the United States. Country: Pre-Uruguay: Post-Uruguay Colombia 14.5% 10.9% Brazil 21.8% 11.7% Peru 27% 14.6% Venezuela 15% 12.4% Argentina 14.5% 10.4% Uruguay 24% 14.6% The best way we can continue to increase our agricultural exports and create more higher- paying jobs is through broad negotiations where the U.S. has the ability to seek additional commitments from other countries. COMMERCIAL SERVICES Exports of services by U.S. firms supported an estimated 3.9 million U.S. jobs in 1996. U.S. service exports have more than doubled over the last ten years, increasing $135 billion since 1987 and $84 billion since 1990 to $250 billion in 1996. In 1995, U.S. service exports accounted for 16% of global service exports; our closest competitors that year were France (8%) and Germany, Italy, Japan and the U.K. (between 5% and 6%). U.S. exports to emerging markets have grown at impressive rates: nearly 30% to China, Taiwan and Korea; and over 20% to Hong Kong and Argentina. The U.S. also exported over $1 billion in 1995 to the emerging markets of Argentina, Brazil, China, Hong Kong, the Philippines, India, Indonesia, Korea, Malaysia, Singapore and Thailand. Service exports are estimated to reach $300 billion by 2005 and $350 billion by 2010. With the expanding electronic commerce market, the growth trend in the service sector may easily surpass these estimates. For example, look at the health care services industry. In 1994, exports reached $812 million. The industry is estimated to grow to $1.03 billion by 1998 and continue its growth to $1.4 billion by 2002. Unless negotiated away, barriers will inhibit increased U.S. service exports. In Korea, a number of service sectors remain restrictive for foreign investment, including audio-visual services, insurance, telecommunications and advertising. Brazil has restrictive investment laws, lack of transparency in administrative procedures and limits on foreign capital participation. Distribution in the domestic market is restricted in Indonesia. Fast track will strengthen U.S. efforts to reduce trade barriers and expand international markets, which will be key to maintain U.S. competitiveness and innovation. GOVERNMENT PROCUREMENT $200 billion in U.S. exports in 1996, $600 billion total world market. Korea: $20 billion civil aviation purchase planned Thailand: $22 billion power plan purchase planned Brazil: $10 billion in environment technologies purchase planned Venezuela: $1.3 billion civil aviation purchase planned ADDITIONAL SECTORS Sector Estimated US exports to World Est. US exports to APEC Chemicals: $69.4 billion $41.3 billion Medical equipment: $11.7 billion $4.8 billion Automotives $98.4 billion $71.2 billion Telecomm equip $11.4 billion $7 billion Environmental goods $5.3 billion $3.1 billion Fish and fish products $3 billion $2.6 billion Non-ferrous metals $8.2 billion $6.3 billion Cival aircraft and parts $29.4 billion $14.8 billion Energy Equipment US exports to the world $15.5 billion in 1996 Environmental technologies and services US exports to the world $14.5 billion in 1996, global market estimated at $440 billion and growing Russell W. Horwitz 09/28/97 07:07:48 PM Record Type: Record Eric R. Biel/WHO/EOP, ustr.gov @ INET @ LNGTWY mryckmark 539 LL To: CC: Subject: a first attempt at what Gene etc. want fastrk.928 think the agricultural piece is pretty strong. Gene wanted more specifics on what the U.S. will lose out on in the future or currently. We need a lot more on services in that context as well and I couldn't find anything on government procurement. Let me know what you think and what you have. thanks. Russell W. Horwitz 09/28/97 03:21:07 PM Record Type: Record To: mryckman @ ustr.gov @ INET @ LNGTWY CC: Eric R. Biel/WHO/EOP Subject: Re: I have left messages with both Novick and Esserman to call This is great! Gene will use these numbers for his Wall Street Journal lunch tomorrow. I'll start to put these numbers in a one-pager. thanks for your help. mryckman @ ustr.gov 09/28/97 12:57:00 PM Record Type: Record To: Eric R. Biel, Russell W. Horwitz CC: Subject: Re: I have left messages with both Novick and Esserman to call I have a few more numbers, but still need to work with David Walters early on Monday to get the world market figures. Hope these help. From our APEC office on sectorals all are 1996 numbers. Sector Estimated US exports to World Est. US exports to APEC Chemicals: $69.4 billion $41.3 billion Medical equipment: $11.7 billion $4.8 billion Automotives $98.4 billion $71.2 billion Telecomm equip $11.4 billion $7 billion Forest products $25.4 billion $3.1 billion envirnonmental goods $5.3 billion $3.1 billion environmental services will get will get fish and fish products $3 billion $2.6 billion non-ferrous metals $8.2 billion $6.3 billion civial aircraft and parts $29.4 billion $14.8 billion From the sectoral fact sheets in the Blue Book from the President's 9/10 event energy equipment US exports to the world $15.5 billion in 1996 environmental technologies and services US exports to the world $14.5 billion in 1996, global market estimated at $440 billion and growing »» <Eric_R. [email protected]> 09/26/97 05:27pm »» Message Creation Date was at 26-SEP-1997 18:27:00 Here is what we have so far, I think, based on Linda Eddleman's conversations with USTR and a few other things we dug up over here of possible relevance: Upcoming WTO negotiations: Agriculture: $60 billion in U.S. exports, $600 billion total world market Commercial services: $250 billion in U.S. exports, $1.2 trillion world market Government procurement: $200 billion in U.S. exports, $1 trillion world market (All numbers to be checked again; fourth area of future WTO negotiations -- intellectual property rights -- is not subject to quantification in the same way.) Eric R. Biel ........ 09/26/97 06:27:01 PM Record Type: Record To: Russell W. Horwitz/OPD/EOP CC: mryckman @ ustr.gov @ INET @ LNGTWY Subject: Re: I have left messages with both Novick and Esserman to call me Here is what we have so far, I think, based on Linda Eddleman's conversations with USTR and a few other things we dug up over here of possible relevance: Upcoming WTO negotiations: Agriculture: $60 billion in U.S. exports, $600 billion total world market Commercial services: $250 billion in U.S. exports, $1.2 trillion world market Government procurement: $200 billion in U.S. exports, $1 trillion world market (All numbers to be checked again; fourth area of future WTO negotiations -- intellectual property rights -- is not subject to quantification in the same way.) Costs of inaction: getting beyond the specific examples/anecdotes, in Chile alone we have already lost an estimated $500 million in exports to other countries that have duty preferences already in place (source: AmCham of Chile). MERCOSUR (Brazil, Argentina, Paraguay, and Uruguay) has total GDP exceeding $1 trillion-- though I realize that figure alone doesn't help much with "cost of inaction" analysis. Maybe we could calculate, for example, how much the tariffs of 8-20% imposed on our key ag. exports to MERCOSUR will cost us over a set number of years. More data needed first, however. 10/01/97 11:26 2024562223 WHITE HOUSE/NEC 001 *** ACTIVITY REPORT *** TRANSMISSION OK TX/RX NO. 6975 CONNECTION TEL 62878 CONNECTION ID START TIME 10/01 11:25 USAGE TIME 00'45 PAGES 2 RESULT OK 10/01/97 WED 09:21 FAX 202 647 0892 STATE DEPT 002 USIK GENEVA STATE LB TDC MTA 01/001 01/10 97 14:02 URGENT Oct. 1, 1997 David/Mary Jo: SUBJECT: Additional procurement points for the White House on Fast Track Rebecca Reese, Mark Linscott and I believe that it. is safe to draw on the following Doints to add to the draft fact sheet. Please note that the $600 billion world market number at the top of the GP section is conservative; we believe that the total procurement markets in the US and the EU alone is around $600 billion per year. CB's Sept 17 testimony (page 5) estimates that the world's government procurement market will be a 1 trillion dollar market. 0 Improving and expanding the coverage of WTO rules on government procurement will facilitate U.S. efforts to improve our access to the lucrative infrastructure project now planned or underway in the rapidly growing regions of the world. The W IU's Agreement on Government Procurement (GPA) already covers over $400 billion in annual procurements among the 25 members of the GPA Under the WTO's built-in-agenda. negotistions are set to begin in 1993 which should increase the number of GPA members and to increase the amount of covered procurements in GPA countries, so that the amount of WTO-covered procurement could approach $1 trillion per year. Fast Traok is needed to negotiate government procurement agreements as part of the FTAA and APEC, which will open the rapidly growing procurement markets of Latin America and Asia to U.S. firms. We estimate that Asia alone will provide opportunities for up to $1 trillion in business for infrastructure projects over the next decade. (from Cherlene's CD's 3/18/97 testimony before Ways and Means, page 6) Dill Crall Craft 10/1/97 GPfasttrk.doc The White House National Economic Council To: Russ Phone: 65715 Fax: 62878 From: ERIC Phone: (202) 456-6630 Fax: (202) 456-2223 Pages including cover sheet: 2 Comments: state (No. OK procklement not much additional 1st some clartration on $ amounts $ 10/01/97 WED 09:21 FAX 202 647 0892 STATE DEPT 001 DEPARTMENT OF STATE TRADE POLICY AND PROGRAMS ROOM 3831A Washington, DC (202) 647-2532 Fax: (202) 647-1537 FAX TRANSMISSION Date: 10/1/97 To: ERiC Biel Fax: 456-2023 Phone: 456-5370 Pages including cover sheet: From: David Marchick Subject: Points on Government Procurement Comments: as Dis cussed The White House National Economic Council To: Dave Marmek-Ske - Phone: 697-2532 Fax: 617-1537 From: ERICKEL H X65115 5370 Phone: (202) 456-6630 Fax: (202) 456-2223 Pages including cover sheet: & Comments: AS discussed (Russ HAWITZ deft for Gere 5.) EB WHY AMERICA WON'T GET ITS FAIR SHARE OF JOBS WITHOUT FAST TRACK The U.S. needs to maintain its leadership role in opening markets through tough, fair trade agreements. Since 1992, 49 states have experienced an increase in overall goods exports and 45 states have experienced an increase in jobs supported by trade. 46 states have higher exports to Mexico and 47 states have higher exports to Japan. America needs fast track to continue to create higher-paying jobs for more Americans. Without it, America's role as the largest exporter in the world will be put in jeopardy. And with more markets opening in the world, it is now more important than ever to give the President traditional trade authority to break down trade barriers for American goods and services. In the upcoming WTO negotiations, President Clinton needs fast track to have the flexibility to negotiate agreements in agriculture, commercial services and government procurement. In each of these areas, the U.S. is the most competitive nation in the world and stands to benefit the most from writing the rules of trade. AGRICULTURE The U.S. is the world's largest agricultural exporting country -- shipping a record $60 billion in exports abroad. In 1996, total world agricultural exports totaled $600 billion. U.S. exports accounted for 10% of that -- $60 billion -- the highest ever. U.S. agricultural exports support nearly a million jobs and this number is rising. Since 1990, the value of U.S. agricultural exports has increased by $20 billion, or nearly 50%. Each week last year, on average, American producers and processors shipped out more than $1.1 billion in farm and food products to foreign markets. Last year, our agricultural exports were twice the level of our agricultural imports -- a claim no other industry sector can make. Dollar for dollar, we export more corn than coal, more wheat than steel, more meat than aluminum and more fruits and vegetables than CD's, records, and tapes. U.S. exports are growing more than three times as fast as domestic demand for foods. U.S. agriculture will pay a price if fast track is not granted. More than 30 bilateral and regional trade agreements are already operating here in the Western Hemisphere, and the U.S. is party to only one -- NAFTA. While these preferential trade agreements multiply, the U.S. share of the region's total agricultural imports is declining. Chile has already signed trade agreements with Bolivia, Colombia, Ecuador, Mexico, Venezuela, MERCOSUR and most recently Canada. The U.S. has already lost an estimated $500 million in exports to other countries that have duty preferences already in place. Chilean fresh fruit pays a 2% duty when entering Venezuela (due to the Chile- Venezuela FTA) whereas American producers pay a 15% tariff. The U.S. Embassy estimates that the U.S. market share would grow from its current 39% to 67% if U.S. producers had equivalent access to the Venezuelan market. (WE NEED MORE HERE) Without fast track, the U.S. will lack credibility to push for a fast start on WTO agricultural negotiations scheduled to start at the end of 1999. Agriculture remains one of the most protected and subsidized sectors in the world economy. American exports still continue to face trade barriers through high tariffs and preferential trade deals that exclude the U.S. Already, since 1992, in Latin America and Asia alone, our competitors have negotiated 20 trade agreements that do not include the United States. Country: Pre-Uruguay: Post-Uruguay Colombia 14.5% 10.9% Brazil 21.8% 11.7% Peru 27% 14.6% Venezuela 15% 12.4% Argentina 14.5% 10.4% Uruguay 24% 14.6% The best way we can continue to increase our agricultural exports and create more higher- paying jobs is through broad negotiations where the U.S. has the ability to seek additional commitments from other countries. COMMERCIAL SERVICES Exports of services by U.S. firms supported an estimated 3.9 million U.S. jobs in 1996. U.S. service exports have more than doubled over the last ten years, increasing $135 billion since 1987 and $84 billion since 1990 to $250 billion in 1996. In 1995, U.S. service exports accounted for 16% of global service exports; our closest competitors that year were France (8%) and Germany, Italy, Japan and the U.K. (between 5% and 6%). U.S. exports to emerging markets have grown at impressive rates: nearly 30% to China, Taiwan and Korea; and over 20% to Hong Kong and Argentina. The U.S. also exported over $1 billion in 1995 to the emerging markets of Argentina, Brazil, China, Hong Kong, the Philippines, India, Indonesia, Korea, Malaysia, Singapore and Thailand. Service exports are estimated to reach $300 billion by 2005 and $350 billion by 2010. With the expanding electronic commerce market, the growth trend in the service sector may easily surpass these estimates. For example, look at the health care services industry. In 1994, exports reached $812 million. The industry is estimated to grow to $1.03 billion by 1998 and continue its growth to $1.4 billion by 2002. Unless negotiated away, barriers will inhibit increased U.S. service exports. In Korea, a number of service sectors remain restrictive for foreign investment, including audio-visual services, insurance, telecommunications and advertising. Brazil has restrictive investment laws, lack of transparency in administrative procedures and limits on foreign capital participation. Distribution in the domestic market is restricted in Indonesia. Fast track will strengthen U.S. efforts to reduce trade barriers and expand international markets, which will be key to maintain U.S. competitiveness and innovation. GOVERNMENT PROCUREMENT $200 billion in U.S. exports in 1996, $600 billion total world market. Korea: $20 billion civil aviation purchase planned Thailand: $22 billion power plan purchase planned Brazil: $10 billion in environment technologies purchase planned Venezuela: $1.3 billion civil aviation purchase planned ADDITIONAL SECTORS Sector Estimated US exports to World Est. US exports to APEC Chemicals: $69.4 billion $41.3 billion Medical equipment: $11.7 billion $4.8 billion Automotives $98.4 billion $71.2 billion Telecomm equip $11.4 billion $7 billion Environmental goods $5.3 billion $3.1 billion Fish and fish products $3 billion $2.6 billion Non-ferrous metals $8.2 billion $6.3 billion Cival aircraft and parts $29.4 billion $14.8 billion Energy Equipment US exports to the world $15.5 billion in 1996 Environmental technologies and services US exports to the world $14.5 billion in 1996, global market estimated at $440 billion and growing